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Personal Fitness Trainer Market Analysis, Size, Share, Latest Trends, Growth, And Forecast Report 2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company presents an extensive market research report on the Personal Fitness Trainer Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The personal fitness trainer market size has grown strongly in recent years. It will grow from $39.06 billion in 2023 to $41.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to growing awareness of health and fitness, rising obesity rates, celebrity endorsements, government initiatives, aging population.
The personal fitness trainer market size is expected to see strong growth in the next few years. It will grow to $51.69 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to virtual and augmented reality fitness, customized fitness plans, home fitness equipment market growth, integration of nutrition advice, telehealth and online training. Major trends in the forecast period include AI-powered fitness coaching, genetic fitness testing, outdoor and nature-based fitness activities, community-based fitness programs, smart fabrics and wearables.
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Key Market Players:
Major companies operating in the personal fitness trainer market report are SoulCycle Inc., Anytime Fitness LLC, The Pilates Studio, Equinox Holdings Inc., 24 Hour Fitness Worldwide Inc., LA Fitness International LLC, Orangetheory Fitness LLC, CorePower Yoga LLC, Planet Fitness Inc., UFC Gym, Technogym S.p.A., Gold's Gym International Inc., Burn Boot Camp, Crunch Fitness, Life Time Fitness Inc., The Little Gym International Inc., The Bar Method LLC, F45 Training Holdings Inc., Kinetic Training LLC, Pure Barre LLC, The Dailey Method, TITLE Boxing Club International LLC, Fit Body Boot Camp Franchising LLC, GYMGUYZ LLC, The MAX Challenge, The Studio (MDR), The Young Men's Christian Association (YMCA), BKOOL Fitness S.L., The Yoga Room, Club Pilates Franchise LLC
Market Drivers:
The rise in obesity is expected to propel the personal fitness trainer market going forward. Obesity and overweight terms refer to weight gain that is abnormal or excessive and poses a risk to health. An overweight person has a body mass index (BMI) of 25 or higher, and an obese person has a BMI of 30 or higher. A personal trainer can assist an obese or overweight client in reducing the risk of health issues through a weight loss program, thereby offering them encouragement and other benefits through their weight loss journey. For instance, according to a report by Cancer Research UK, a UK-based independent cancer organization, 71% of people would be overweight by 2040, a rise from 64% as of the 2022 data. Among these people, 21 million (almost 36% of adults) are expected to be obese. Therefore, the rise in obesity is driving the growth of the personal fitness trainer market.
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https://www.thebusinessresearchcompany.com/report/personal-fitness-trainer-global-market-report
The personal fitness trainer market covered in this report is segmented -
1) By Activity: Exercise Instruction, Exercise Demonstration, Diet Instruction, Fitness Consultation
2) By Medium: Online, In-Person
3) By End User Industry: Fitness And Wellness, Medical And Healthcare, Infotainment, Industrial And Defense, Other End User Industries
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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